Klarna to acquire Close Brothers Retail Finance

On September 14, 2018, Klarna Bank has announced the acquisition of Close Brothers Retail Finance (CBRF) from the UK-based merchant banking group Close Brothers Group. With this acquisiotion, Klarna aims to streamline its position for retail financing, as well as it accelerates the expansion of the customer offering.

Moreover, the Managing Director of CBRF, Alex Marsh, suggests that along with the integration into Klarna, they are able to further develop their capabilities and to provide more valuable services to the merchants.

For more information about Klarna, please check out a detailed profile of this company in our dedicated, industry-specific online company database.